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RiseSmart forecasts New England win based on Boston's lower unemployment rate

RiseSmart's Big Game Predictor achieves 75% accuracy rate over past four decades


News provided by

RiseSmart

Feb 01, 2017, 08:00 ET

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SAN JOSE, Calif., Feb. 1, 2017 /PRNewswire/ -- The team winning the 2017 professional football championship game will be from the city with a lower unemployment rate, according to a prediction by leading provider of contemporary career transition services, RiseSmart. The New England team hailing from Boston, currently holds a 2.4% unemployment rate, will beat Atlanta, where the unemployment rate is 4.8%, according to large metropolitan area unemployment rates from the Bureau of Labor Statistics (BLS).

RiseSmart successfully predicted Denver's victory over Carolina in 2016. This is the seventh consecutive year RiseSmart has issued its "Big Game" prediction based on unemployment data, claiming the team whose fan base enjoys greater economic prosperity, as measured by lower unemployment rates, will win. Using this prediction methodology, the company has achieved a 75 percent accuracy rate over the past 36 championship games.

"It's encouraging to see consistent improvement in unemployment rates across the board, in Boston, Atlanta, and other cities across the U.S.," said RiseSmart President and CEO, Sanjay Sathé. "At RiseSmart we quickly put people back to work and we never underestimate the power of having a job. Meaningful employment impacts workers, their families, their communities, and – just maybe – their football teams."

Interestingly, in the nine times when a lower unemployment rate did not equate to a victory for the city, the New England team played in the Big Game four of those times. While RiseSmart has consistently predicted Big Game victories for decades, the verdict is still out on whether the correlation is more than simply a coincidence.

"While we're predicting a New England win over Atlanta based on the metro area unemployment rates, who are we to say what will ultimately drive the team to championship football victory?" said Sathé. "One thing is clear: both cities will depend greatly on their fan base to cheer them on loudly and proudly to victory."

View BLS metropolitan unemployment rates and the correlating teams over the past 36 years in a colorful Big Game infographic.

About RiseSmart
RiseSmart, a Randstad company, is the leading provider of contemporary career transition services and serves organizations in more than 40 industries. Since 2007, RiseSmart's contemporary approach to outplacement – which combines personalized services from trained professionals with proprietary cloud-based technology – has earned awards and recognition from more than a dozen organizations, including Bersin by Deloitte, Gartner Inc., the Brandon Hall Group and Best Workplaces for Women by Fortune magazine. As an operating company of Randstad, one of the leading HR services providers in the world that places more than 600,000 people in new roles every day, RiseSmart delivers meaningful results with landing rates exceeding 80 percent and time-to-placement averages 60 percent faster than national averages. For more information about RiseSmart's career transition solutions, visit www.risesmart.com.

SOURCE RiseSmart

Related Links

http://www.risesmart.com

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